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Alfred E. Kahn

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Kahn remained completely convinced that deregulating the airlines was a success. When a friend complained that increased numbers of passengers on flights resulted in him sitting next to "a filthy hippie" on a plane, he replied, "Since I haven't heard from the hippie, I can assume the distaste wasn't
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He consistently argued that, where feasible, complete deregulation is preferable to partial deregulation. "The verdict of the great majority of economists would, I believe, be that deregulation has been a success — bearing in mind, as always, the central argument … that society's choices are always
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He served on many private boards on commissions addressing regulated and deregulating industries such as electricity, telecommunications, and transportation. He also received numerous awards for his work in economics, regulation, and deregulation. A seminar room in the Lincoln Hall Music Library of
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in 1947, where he served as chairman emeritus of the Department of Economics (a position he held for the rest of his life), as a member of the Board of Trustees of the university and as Dean of the College of Arts and Sciences. In 1974, he became chairman of the New York Public Service Commission,
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Kahn's strong advocacy of deregulation stemmed largely from his understanding as an economist of marginal-cost theory. In his time at the New York Public Service Commission he was instrumental in using marginal costs to help price electricity and telecommunications services; this was novel at the
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where he said, "The industry in the last 30 years gave the public something it had not received before: high quality, space, and low cost. It catered to a variety of demands and abilities today so that we had an enormous spread of fares. It offered the people upgrades such as business class and
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And though, being an economist, he could not help muttering about the imperfection of societies and systems and the absurdity of predictions — and though, being an inveterate puncturer of himself, he would demand a paternity test if anyone called him the father of the deregulated world — his
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to "kumquat". He explained inflation in one press conference by saying "Inflation occurs when everyone is trying to take a piece of the pie, but there isn't enough pie to go around." While President Carter tried to downplay the significance of certain economic figures, Kahn called them "a
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between or among imperfect systems, but that, wherever it seems likely to be effective, even very imperfect competition is preferable to regulation …. Recent experience clearly suggests, instead, that the mixed system may be the worst of both possible worlds."
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in the early 1970s. He was badly injured in a 2003 car crash, and endowed the New York hospital that saved him with funds to set up a camera traffic-surveillance system so that emergency-room doctors could view the accidents that injured their patients.
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In addition to his professorship at Cornell, Kahn sang baritone in university productions of Gilbert and Sullivan operettas from 1964 until retiring from the stage in 2000; he did a particularly fine turn as the Lord Chancellor in
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catastrophe." At one point, a frustrated Kahn offered his resignation, but Carter refused. Kahn joked, "I don't know why the president doesn't fire me. Actually, I do. There's no one else foolish enough to take this job."
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Besides his love for numbers, Kahn also loved words, and "hated to see them misused." Even after his death, he was acknowledged as "a champion of plain English...an economist who could do without 'herein' and 'therein'."
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frequent flyer miles." Admitting that he was no expert on airplanes or the fine details of the industry, Kahn once said "I can't tell one plane from the other. To me, they're all just marginal costs with wings."
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He served as an expert witness in many regulatory matters, particularly in issues regarding flat rate pricing for telecommunications, marginal costing in both telecommunications and electricity, and
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is named in his honor. He also maintained a long relationship with NERA Economic Consulting (formerly National Economic Research Associates). In 1982, he was elected to the
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While serving under Carter, Kahn became known for his blunt and sometimes politically damaging comments. Convinced that certain administration policies would lead to a
443: 202:, on October 17, 1917, to parents Jacob and Bertha Kahn. His father, a Russian Jewish immigrant, worked in a silk mill. Kahn graduated from high school at 15 and 362:
of commercial air fares made the agency no longer necessary. This is one of the very few examples of a regulatory agency deregulating itself out of existence.
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to "dismantle anti-consumer cartels that had been sustained by government regulation." At the same time the CAB was disbanded, as
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Before World War II, he also worked for policy research organizations and government agencies in Washington, including the
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adventures with airlines led on to the freeing of the trucking, telecoms and power industries, and heralded the
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reciprocated." In 2008, the nonagenarian Kahn gave a speech to the Global Airport International Summit in
139:(October 17, 1917 – December 27, 2010) was an American economist and political advisor who specialized in 699: 427: 347: 247:
and later served as Chairman of the Civil Aeronautics Board, Advisor to the President on Inflation under
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during the period when it ended its regulation of the airline industry, paving the way for
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Lessons from Deregulation: Telecommunications and Airlines After the Crunch
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L. Welch Pogue Award for Lifetime Achievement in Aviation
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The Economics of Regulation: Principles and Institutions
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Whom the Gods Would Destroy, Or, How Not to Deregulate
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Who'll Really Benefit from Net Neutrality Regulation?
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Whom the Gods Would Destroy, or How Not to Deregulate
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Letting Go: Deregulating the Process of Deregulation
780: 511: 532: 406:Kahn was the author of numerous books, including 831: 622:"At UVM, personal crisis becomes public concern" 562:"'Inflation Czar' will take apart his title" 216:in 1942 after graduate study at NYU and the 601:Hershy Jr., Robert D. (December 28, 2010). 600: 38: 870:American people of Russian-Jewish descent 860:20th-century American non-fiction writers 619: 255:, Carter's "inflation czar," until 1980. 613: 315:at the age of 93, on December 27, 2010. 476: 324:time but is routinely performed today. 318: 21:For the clergyman and hymn writer, see 880:Deaths from cancer in New York (state) 832: 509: 477:Russell, George (September 29, 1986). 807: 801: 762:from the original on January 27, 2011 669: 667: 808:Frank, Robert H. (January 9, 2011). 720: 689: 542:. Bloomberg News. December 28, 2010 470: 253:Council on Wage and Price Stability 155:. Commonly known as the "Father of 13: 855:20th-century American male writers 673:Thierer, Adam (December 21, 2010) 664: 424:Great Britain in the World Economy 401: 227:and the antitrust division of the 14: 926: 905:Writers from Paterson, New Jersey 895:Ripon College (Wisconsin) faculty 865:American male non-fiction writers 787:. American Enterprise Institute. 723:"Wrath of Kahn kept airfares low" 327:While serving as Chairman of the 311:Professor Kahn died of cancer in 850:20th-century American economists 774: 742: 714: 683: 620:Hemingway, Sam (May 25, 2011). 575:. July 14, 1983. Archived from 479:"Flying Amid the Merger Clouds" 646: 594: 554: 503: 456: 300:Kahn was the father-in-law of 16:American economist (1917–2010) 1: 900:Writers from New York (state) 810:"A Champion of Plain English" 692:"The Economics of Regulation" 450: 518:. Cambridge: Belknap Press. 193: 7: 781:Alfred Edward Kahn (2001). 721:Reed, Dan (July 23, 2007). 428:The Nightly Business Report 10: 931: 890:New York University alumni 885:Economists from New Jersey 875:Cornell University faculty 510:McCraw, Thomas K. (1984). 397:and Reaganite revolutions. 279:National Governing Board. 20: 627:The Burlington Free Press 437: 130: 120: 115: 111: 87: 68: 46: 37: 30: 354:, and consumer advocate 750:"Obituary: Alfred Kahn" 329:Civil Aeronautics Board 231:. After serving in the 229:U.S. Justice Department 161:Civil Aeronautics Board 915:Yale University alumni 910:Writers from Wisconsin 514:Prophets of Regulation 251:, and Chairman of the 218:University of Missouri 182:Professor Emeritus of 690:Kahn, Alfred (1970). 369:In an interview with 306:University of Vermont 225:Brookings Institution 758:. January 22, 2010. 382:. After his death, 342:" including Senator 319:Work in deregulation 200:Paterson, New Jersey 180:Robert Julius Thorne 157:Airline Deregulation 61:Paterson, New Jersey 660:on January 1, 2011. 491:on November 6, 2012 304:, president of the 204:New York University 92:New York University 814:The New York Times 634:on August 31, 2013 607:The New York Times 582:on October 1, 2011 573:Cornell University 273:Cornell University 244:Cornell University 233:United States Army 188:Cornell University 173:Southwest Airlines 159:," he chaired the 137:Alfred Edward Kahn 125:Cornell University 794:978-0-8447-7156-4 569:Cornell Chronicle 302:Daniel Mark Fogel 198:Kahn was born in 184:political economy 165:low-cost airlines 153:energy industries 134: 133: 72:December 27, 2010 922: 825: 824: 822: 820: 805: 799: 798: 778: 772: 771: 769: 767: 746: 740: 739: 737: 735: 718: 712: 711: 709: 707: 702:on June 29, 2011 698:. Archived from 687: 681: 671: 662: 661: 656:. Archived from 650: 644: 643: 641: 639: 630:. 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Kahn 31: 15: 9: 6: 4: 3: 2: 927: 916: 913: 911: 908: 906: 903: 901: 898: 896: 893: 891: 888: 886: 883: 881: 878: 876: 873: 871: 868: 866: 863: 861: 858: 856: 853: 851: 848: 846: 843: 841: 838: 837: 835: 815: 811: 804: 796: 790: 786: 785: 777: 761: 757: 756: 755:The Economist 751: 745: 730: 729: 724: 717: 701: 697: 696:The MIT Press 693: 686: 680: 676: 670: 668: 659: 655: 649: 633: 629: 628: 623: 616: 608: 604: 597: 578: 574: 570: 563: 557: 541: 535: 527: 525:0-674-71607-8 521: 516: 515: 506: 490: 486: 485: 480: 473: 465: 459: 455: 445: 442: 441: 435: 431: 429: 425: 421: 417: 413: 409: 396: 391: 390: 389: 387: 386: 385:The Economist 381: 376: 374: 373: 367: 363: 361: 357: 353: 349: 348:Supreme Court 345: 341: 337: 334: 330: 325: 316: 314: 309: 307: 303: 298: 295: 289: 286: 280: 278: 274: 268: 265: 261: 256: 254: 250: 245: 240: 238: 237:Ripon College 234: 230: 226: 221: 219: 215: 211: 210: 205: 201: 191: 189: 185: 181: 176: 174: 170: 166: 162: 158: 154: 150: 146: 142: 138: 129: 126: 123: 119: 114: 110: 106: 102: 97: 93: 90: 86: 81: 71: 67: 62: 49: 45: 41: 36: 29: 24: 19: 817:. 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Index

Fred Kaan

Paterson, New Jersey
Ithaca, New York
New York University
BA
Yale University
PhD
Cornell University
regulation
deregulation
airline
energy industries
Airline Deregulation
Civil Aeronautics Board
low-cost airlines
People Express
Southwest Airlines
Robert Julius Thorne
political economy
Cornell University
Paterson, New Jersey
New York University
summa cum laude
Yale University
University of Missouri
Brookings Institution
U.S. Justice Department
United States Army
Ripon College

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